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Category: Commercial

Canadian real estate cycle nears floor, says PwC and ULI report

Steve McLean Commercial Market Trends National 1 day ago

Canada is at, or very close to, the bottom of its current depressed real estate cycle — though it’s still somewhat variable depending upon asset class, region and role in the value chain — according to PwC and ULI's new report.

H&R REIT break-up deal cancelled after unitholders vote against it

Tania Theriault Commercial REITs National 1 day ago

A $6.7-billion deal which would have seen H&R REIT (HR-UN-T) broken up and divided among a group of buyers in the U.S. and Canada has been terminated after unitholders voted against the transaction today. 

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